Business
Tajikistan to increase power exports to Afghanistan
Tajikistan’s state-owned power company, Barki Tojik, has said it intends to increase electricity exports to Afghanistan, despite its own shortages.
According to the head of Barki Tojik, Mahmadumar Asozoda, Tajikistan will increase supply to Afghanistan this year by 17%.
Barki Tojik exported 2.7 billion kilowatt-hours in 2023, which was 124 million kilowatt-hours more than 2022. Of that total, some 1.6 billion kilowatt-hours were supplied to Afghanistan, Asozoda said.
Another 907.5 million kilowatt-hours of electricity was sold to Uzbekistan, and the remaining 144.6 million kilowatt hours went to Kazakhstan.
However, Asozoda also said that the increase to Afghanistan would come despite ongoing electricity rationing for Tajik households, Eurasianet reported.
A rationing regime has been in force for a number of winters in Tajikistan. When the temperature sinks below a certain level, output from the Nurek hydropower plant, which produces most of the country’s electricity needs, grinds to a near-halt.
Under the current system, Tajik households outside the country’s largest urban centers endure blackouts from 8 am to 5 pm and then from 10 pm to 5 am.
Asozoda noted that one factor that influenced their decision to increase power exports to Afghanistan was that the Islamic Emirate was proving to be a “reliable payer”.
On February 1, Tajik Energy and Water Resources Minister Daler Juma announced that Afghanistan had fully paid off its debts for power delivered to date.
IEA officials also confirmed that they had paid off their electricity bills — to the full amount of $627 million — to all its suppliers, which also include Iran, Uzbekistan and Turkmenistan.
Business
Afghanistan-India trade volume totals $650 million so far this year
Trade between Afghanistan and India totals $650 million in the first 10 months of this year, the Islamic Emirate’s Ministry of Industry and Commerce announced this weekend.
In a post on X on Saturday, the ministry’s spokesman Abdulsalam Jawad Akhundzada said $477 million in exports and $203 million in imports were recorded this year.
He said Afghanistan’s main exports to India included dried figs, raisins, saffron, green cumin, and almonds.
According to Akhundzada, the main items imported from India over the past 10 months were sugar, raw materials for industrial factories, new clothing, and roasted chickpeas.
Just last week, JP Singh, Indian foreign ministry’s joint secretary for the Pakistan-Afghanistan-Iran division, visited Kabul and met with Acting Foreign Minister Amir Khan Muttaqi.
The two sides discussed political and economic relations between Afghanistan and India, and people's movements, the Afghan foreign ministry said in a statement.
Muttaqi expressed hope that relations between India and Afghanistan would expand in various fields. He stressed that to develop trade relations, Indian visa facilities should be increased for Afghan citizens, especially businesspersons.
According to the statement, JP Singh said that relations with Afghanistan are important for India and have an ancient history.
The Indian diplomat said that along with humanitarian aid to Afghans, India has also started development assistance to Afghanistan and is engaged in technical discussions with relevant Afghan institutions.
JP Singh stressed that in the near future, negotiations will be held between technical delegations of regional countries including Afghanistan and India on the Chabahar port.
He also promised to increase Indian visa facilities for Afghans.
Business
Iran’s non-oil exports to Afghanistan rise by 31% this solar year
Iran’s imports from Afghanistan also rose sharply, totalling over $33 million, a 192% increase in this period
Iran's non-oil exports to Afghanistan surged by 31% in the first half of this solar year (April to September 2024), totalling over $1.77 billion.
According to Iran’s trade association in Afghanistan, both the value and volume of non-oil exports to Afghanistan saw substantial growth.
Statistics provided by the association indicate that nearly 560,000 tons of Iranian goods, including iron, steel, cement, eggs, and potatoes, were exported to Afghanistan during this period.
Iran’s imports from Afghanistan also rose sharply, totalling over $33 million, a 192% increase in this period.
The primary exports to Iran included barley, corn, peanuts, and chilies.
Business
Private sectors of Afghanistan, Kazakhstan sign contracts worth $100 million
Private sectors of Afghanistan and Kazakhstan have signed contracts worth $100 million during the visit of an Afghan delegation to Almaty recently, the Islamic Emirate of Afghanistan (IEA) announced on Thursday.
The agreements include the export of more than 2,000 tons of dried fruit, the export of fresh fruit, including pomegranates, and the export of cotton, Zabihullah Mujahid, a spokesman for the Islamic Emirate, said on X.
Mujahid said that the Islamic Emirate delegation during its recent visit to Kazakhstan signed a "road map of cooperation between Afghanistan and Kazakhstan in the fields of trade, industry, mining, energy, logistics, agriculture, telecommunications, health, higher education and humanitarian aid.”
He said Kazakhstan also assured that it would provide more facilities for the transit of Afghan goods to China and other countries through Kazakhstan.
The allocation of an area "as a logistics center for Afghan goods" in the port of Khargos was also part of the agreement between the two sides to facilitate the unloading and loading of Afghan traders' goods.
The spokesman of the Islamic Emirate also said that Kazakhstan will participate in the construction of the Torghundi-Herat, Kandahar-Spin Boldak and Mazar-e-Sharif-Kharlachi railway projects.
Mujahid added that Kazakhstan will also participate in the establishment of a trade and transit center in Herat province, which will be used to store and finance trade and transit goods. Meanwhile, Kazakhstan has agreed to establish permanent expo centers for the sale of Afghan goods in various cities of Kazakhstan.
It is worth mentioning that the delegation of the Islamic Emirate led by Nooruddin Azizi, Acting Minister of Industry and Commerce, participated in the three-day exhibition of Afghanistan's domestic products, which was launched on October 21 in Almaty.
The Ministry of Industry and Commerce recently announced that 23 tons of pomegranates from Kandahar province were exported to Almaty through the port of Torghundi.
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